Can we fight back against this financial slavery?

[FirstLight]

I know others here have brought up the idea of a national strike...what about if WE decide to take control of the economy?
If you have a house, no matter where you are in your mortgage...stop paying the fuckers! and REFUSE to leave, take it back, claim it as your own, if they can pay themselves as we work our asses off...we should just turn the tables.

Let's collectively claim a Level playing field... keep what you got, and go from there...no more payments, credit scores, etc. If you have the cash in your pocket or something to barter, then you can get goods and services. Let's stop playing the credit game, and let them fall like dominoes!

Now, I will claim a little financial idealism and ignorance here...but it seems that credit, debt, and all related functions are what caused this meltdown. Let's start working with TANGIBLE value!!!

[notadmblnd]

1. when it comes to foreclosures, they have the sheriff in their pockets

They will remove you from your house.

[Hugabear]

3. I envision entire subdivisions full of empty houses

Houses that the banks have forcefully removed people who can't pay their mortgages, and that nobody else can afford.

That will be the ultimate postcard for the * era.

[screembloodymurder]

2. The key is the police.

If they side with the people, we could do it.

[Cleita]

4. You are on the right track, that of turning off the money spigot, but

you have to do it in a way that you shoot them in the foot, not yourself. Maybe if a group of mortgage holders got together and maybe en masse approached the lending institute demanding fairer interest rates and extended payments, it could have a positive effect. The idea here is for groups of people to band together for a common interest. It's like forming a union. There is power in numbers that individuals can't meet alone. People maybe could rent out part of that home to a needy person or couple defraying the expense of the mortgage. People have to go back to the drawing board and figure something out. Back in the sixties there was a movement in many Los Angeles neighborhoods that had once been the large homes of affluent people to divide those homes into duplexes or triplexes, whereby the homeowner could rent out the newly formed apartment units. Since what I'm reading is that many of these homes are larger than needed anyway by one family, it could be an option.

[FirstLight]

5. Wow...like a mortgage co-op?

I like the union idea, then question becomes can we even organize that well, if at all...when we could very well be fighting for our lives, much less our homes...

I just want them to all crumble into dust...but there is too much infrastructure built around it all...if one dominoe falls...welol, you know...

[Cleita]

6. Mortgage, food anything you need that takes it out of the hands

of the giant corporations that are causing this crisis. I once belonged to a telephone coop in Texas. It was the best service I ever had and they also sent you checks every now and then when they made a profit.